Latin American bank BCI goes live with Clear2Pay’s on payment framework
International technology provider Clear2Pay has announced that its new payment hub for Banco de Crédito e Inversiones, based on the Clear2Pay open payment framework, has gone live.
The first phase, which focuses on domestic payments, is designed to deliver a unified payment experience for more than 60,000 business customers. In a second phase, OPF will be extended to unify all types of payments into a single, coherent, highly scalable and robust payment platform.
Eduardo Paulsen, manager of electronic banking and cash management at BCI, said: “We chose Clear2Pay and their OPF technology because we needed a flexible, open and proven payment platform, which would be a key component in building value-add payments and treasury services to our business customers. The benefits of that choice have already become apparent after the first phase of migrating mass payments.
“Our operational and commercial staff benefit from improved payments and thus a greater ability to provide better customer service. It also offers our end users greater self-service capabilities through our BciEXPRESS cash management platform. Finally, we now experience the strategic advantage of being able to base our product innovation in one authentic payment platform instead of running heavy integration projects with our legacy systems.”
Marcelo Barrios, vice-president for Latin America at Clear2Pay, added: “We are of course immensely pleased and proud to be part of the very first payment hub in Latin America, and we applaud BCI for the way they turned technology into a better customer experience for their corporate client base.”